Trencor will on Monday, 3 July 2017, distribute its integrated annual report, incorporating its audited financial statements for the year ended 31 December 2016, which are unchanged from the reviewed provisional results released on SENS on 28 April 2017 and distributed to shareholders on 2 May 2017, save as detailed in the Change Statement below.

The integrated annual report is available on the Company’s website.

CHANGE STATEMENT

The audited financial statements in the integrated annual report contain two corrections compared to the reviewed provisional results for the year ended 31 December 2016, namely:

(1) The amount reported as impairment losses incurred – financial assets (refer to note 3 of the reviewed provisional results and to note 22.1 of the integrated annual report) and (2) certain line items in the statement of cash flows. These corrections are set out below:

28 June 2017

28 April 2017

Audited

Reviewed

31 December 2016

31 December 2016

R million

Change

Impairment losses incurred – financial assets

628

638

(10)

Correction of the amount disclosed as impairment losses incurred in respect of financial assets. This change has had no effect to the group’s loss for the year and the statement of financial position.

The changes noted above resulted from the recalculation of exchange rate fluctuations which were incorrectly included as part of the cash flow movements in finance leases and trade and other receivables included in cash generated from operations.

These adjustments resulted in an additional outflow of cash from operating activities and a decrease in the effects of exchange rate fluctuations. There was no effect on the cash and cash equivalents at the end of the reporting period.

NOTICE OF ANNUAL GENERAL MEETING

The annual general meeting will be held on Thursday, 10 August 2017 at Trencor, 13th Floor, The Towers South, Heerengracht, Cape Town, commencing at 15:00 to transact the business as stated in the notice of the annual general meeting forming part of the annual financial statements. The salient dates pertaining to the annual general meeting are as follows:

2017

Record date to determine which shareholders are entitled to receive the notice

Friday, 23 June

Last day to trade in order to be eligible to attend and vote

Tuesday, 25 July

Record date to determine which shareholders are entitled to attend and vote

Friday, 28 July

Forms of proxy to be lodged, for administrative purposes, by 15:00* on

Tuesday, 8 August

* proxies not lodged by this time may be handed to the scrutineers of the annual general meeting immediately prior to the meeting.

BROAD-BASED BLACK ECONOMIC EMPOWERMENT (“B-BBEE”) COMPLIANCE REPORT

Trencor’s B-BBEE annual compliance report in terms of Section 13G(2) of the B-BBEE Act is available on the Company’s website.